Vox Royalty Corp. (NASDAQ:VOXR) to Post Q1 2024 Earnings of ($0.01) Per Share, Cormark Forecasts

Vox Royalty Corp. (NASDAQ:VOXR) – Cormark issued their Q1 2024 earnings per share estimates for Vox Royalty in a report released on Monday, April 22nd. Cormark analyst N. Dion forecasts that the company will post earnings of ($0.01) per share for the quarter. The consensus estimate for Vox Royalty’s current full-year earnings is ($0.02) per share.

Vox Royalty (NASDAQ:VOXR) last issued its quarterly earnings results on Thursday, March 7th. The company reported $0.01 EPS for the quarter. Vox Royalty had a positive return on equity of 1.85% and a negative net margin of 0.81%. The company had revenue of $3.00 million during the quarter.

Vox Royalty Stock Up 3.4 %

Shares of VOXR stock opened at $2.12 on Thursday. Vox Royalty has a 12 month low of $1.70 and a 12 month high of $3.02. The firm has a market cap of $106.25 million, a PE ratio of -212.00 and a beta of 0.93. The stock has a 50 day moving average of $2.00 and a 200-day moving average of $1.99.

Vox Royalty Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, April 12th. Investors of record on Friday, March 29th were paid a $0.012 dividend. This represents a $0.05 dividend on an annualized basis and a dividend yield of 2.26%. This is a positive change from Vox Royalty’s previous quarterly dividend of $0.01. The ex-dividend date of this dividend was Wednesday, March 27th. Vox Royalty’s dividend payout ratio is presently -500.00%.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the company. Sanders Morris Harris LLC acquired a new position in shares of Vox Royalty in the first quarter valued at $3,450,000. Russell Investments Group Ltd. raised its stake in shares of Vox Royalty by 15.3% in the fourth quarter. Russell Investments Group Ltd. now owns 94,060 shares of the company’s stock valued at $194,000 after purchasing an additional 12,459 shares in the last quarter. ORG Partners LLC raised its stake in shares of Vox Royalty by 25.3% in the fourth quarter. ORG Partners LLC now owns 12,416,551 shares of the company’s stock valued at $25,578,000 after purchasing an additional 2,505,801 shares in the last quarter. Sprott Inc. acquired a new position in shares of Vox Royalty in the third quarter valued at $42,000. Finally, Ancora Advisors LLC acquired a new position in shares of Vox Royalty in the third quarter valued at $471,000. 45.95% of the stock is currently owned by institutional investors and hedge funds.

Vox Royalty Company Profile

Vox Royalty Corp. operates as a mining royalty and streaming company. The company holds a portfolio of 60 royalties and streaming assets. It operates in Australia, Canada, Peru, Brazil, South Africa, Mexico, and the United States. Vox Royalty Corp. was founded in 2014 and is based in Toronto, Canada.